National Terrazzo & Mosaic Assoc Inc
- Assets
- $2.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Fredericksburg, TX
- Founding
- 10/1966
- Data as of
- 12/2021
- EIN
- 54-0837226
Organization Overview
National Terrazzo & Mosaic Assoc Inc is located in Fredericksburg, TX. The organization was established in 1966. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Terrazzo & Mosaic Assoc Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Terrazzo & Mosaic Assoc Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, National Terrazzo & Mosaic Assoc Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, National Terrazzo & Mosaic Assoc Inc has awarded 24 individual grants totaling $168,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS COMPRISED OF TERRAZZO CONTRACTORS WHO MEET RIGID PROFICIENCY STANDARDS AND PARTICIPATE IN CONTINUING EDUCATION SEMINARS CONDUCTED BY THE ASSOCIATION. THE ASSOCIATION ESTABLISHES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION IS A MEETING OF MEMBERSHIP AND DISCUSSION OF INDUSTRY ISSUES IN THE TERRAZZO AND MOSAIC INDUSTRY.
TERRAZZO PROMOTION FUND IS AN ADVERTISING CAMPAIGN FOR THE PURPOSE OF PROMOTING THE USES OF TERRAZZO AND MOSAIC. THIS PROMOTIONAL CAMPAIGN IS FUNDED BY VOLUNTARY CONTRIBUTIONS OF TERRAZZO MANUFACTURERS. IN ADDITION, THE ASSOCIATION PRODUCES SWEETS, A GUIDE TO THE TERRAZZO AND MOSAIC INDUSTRY.
EDUCATIONAL SEMINARS AND A RESOURCE OFFERING INFORMATION TO DESIGN PROFESSIONALS AND THE GENERAL PUBLIC ON THE USES OF TERRAZZO AND MOSAIC. ANNUAL TECHNICAL SEMINAR TO INFORM TERRAZZO AND MOSAIC CONTRACTORS OF TECHNIQUES, PROCEDURES, AND NEW DEVELOPMENTS IN THE INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Carrio Vice-President | OfficerTrustee | 1 | $0 |
Chris Corradini President | OfficerTrustee | 1 | $0 |
Josh Roberson Treasurer | OfficerTrustee | 1 | $0 |
Mark Fowler Executive Director | Officer | 40 | $0 |
Darin Flabiano Past President | Trustee | 1 | $0 |
Joe Iorio Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mark Fowler Associates Management Services | 12/30/21 | $132,500 |
Gary French Consulting Technical & Ed. Services | 12/30/21 | $127,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,125 |
| Total Program Service Revenue | $1,162,679 |
| Investment income | $6,148 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,196,952 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,469 |
| Fees for services: Management | $132,500 |
| Fees for services: Legal | $17,420 |
| Fees for services: Accounting | $11,471 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,038 |
| Fees for services: Other | $141,787 |
| Advertising and promotion | $137,104 |
| Office expenses | $83,987 |
| Information technology | $20,050 |
| Royalties | $0 |
| Occupancy | $19,249 |
| Travel | $15,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $305,270 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,723 |
| All other expenses | $0 |
| Total functional expenses | $1,092,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $525,623 |
| Savings and temporary cash investments | $331,407 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,724 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,410 |
| Net Land, buildings, and equipment | $8,969 |
| Investments—publicly traded securities | $1,032,155 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,425 |
| Total assets | $1,968,713 |
| Accounts payable and accrued expenses | $16,256 |
| Grants payable | $0 |
| Deferred revenue | $73,390 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,646 |
| Net assets without donor restrictions | $1,879,067 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,968,713 |
Grants Awarded
Over the last fiscal year, National Terrazzo & Mosaic Assoc Inc has awarded $42,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Glen Allen, VA PURPOSE: REGIONAL GRANT | $7,000 |
Midvale, UT PURPOSE: REGIONAL GRANT | $7,000 |
TERRAZZO PROMOTION COMMITTEE OF SE PURPOSE: REGIONAL GRANT | $7,000 |
TERRAZZO ASSOCIATION OF NE PURPOSE: REGIONAL GRANT | $7,000 |
NORTH CENTRAL TERRAZZO ASSN PURPOSE: REGIONAL GRANT | $7,000 |
TERRAZZO CONTRACTORS ASSN OF SW PURPOSE: REGIONAL GRANT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |
United Brotherhood Of Carpenters And Joiners Of America Metairie, LA | $27,400,853 | $8,587,017 |
Texas Oil And Gas Association Inc Austin, TX | $10,912,231 | $6,947,737 |